True To Word: AGs Curtailing Coupon Settlements

Law360, New York (January 8, 2010, 2:02 PM EST) -- Building on their success in Figueroa v. Sharper Image Corp., 517 F. Supp. 2d 1292 (S.D. Fla. 2007), when 36 state attorneys general convinced a federal judge not to approve a “coupon settlement” in a consumer class action case, many of those same state AGs have asked another federal judge to reject the settlement proposed in True v. American Honda Motor Co., No. 5-07-CV-287-VAP-OP (C.D. Cal.), which would provide $500 or $1000 rebates to class members who purchase certain new Hondas.[1]

Coupon settlements already appear to...
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